# Nexus Venture Partners

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/nexus-venture-partners
Canonical HTML page: https://getyourbrief.com/entity/nexus-venture-partners

## Timeline

- **2027-03**: 20-store expansion target — Comet plans to expand to 20 stores by the end of FY27.
- **2026-09-04**: Series B announcement — Comet announces a ₹100 crore Series B led by Verlinvest, with participation from Elevation Capital and Nexus Venture Partners.
- **2026-09**: 10th store milestone — Comet is set to reach 10 retail stores during September 2026.
- **2026-03-16**: General Catalyst Talks — Reports emerge of a new $50-60 million funding round led by General Catalyst.
- **2026-03**: New Funding Talks — Early-stage negotiations begin with General Catalyst for $50-60 million.
- **2025-03-31**: FY25 Financials — Revenue hits Rs 40.4 crore with a 70.8% YoY increase.
- **2025-03**: Financial Results — Reported FY25 revenue of ₹40.4 crore and narrowed losses.
- **2024-04-15**: Series B Funding — Raised $40 million led by Peak XV Partners at a $200M valuation.
- **2024-04**: Series B Funding — Raised $40 million led by Peak XV Partners at a $200M valuation.
- **2022-01-01**: Company Founded — Former Flipkart executive Anil Goteti launches Scapia.
- **2022**: Company Founded — Anil Goteti, former Flipkart executive, launches Scapia.

## Recent coverage (9 stories, network-wide)

### Comet's ₹100 Cr Series B Rewards 9X Revenue Surge
2026-09-05 02:11:41 · Sector: startups · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Comet's ₹100 crore Series B led by Verlinvest validates a 9X revenue surge since its previous institutional raise. Elevation and Nexus doubled down, while operator angels from Urban Company, Snap and Bhaane/VegNonVeg joined the cap table.
Full story: https://getstartupbrief.com/story/comet-100-crore-series-b-verlinvest-startup-vc

### Comet Bags ₹100 Cr to Hit 20 Stores by FY27
2026-09-05 02:11:25 · Sector: retail · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Comet's ₹100 crore Series B will fund its transition from online-first brand to omnichannel retailer. With stores outperforming the broader athleisure category, the D2C sneaker maker plans 20 stores by FY27 and investments in proprietary sole moulds.
Full story: https://getretailbrief.com/story/comet-100-crore-series-b-omnichannel-retail-expansion

### ET Startup Awards 2026: 3 Public Exits & 1 IPO Filing in Midas Race
2026-08-21 02:57:37 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

The Midas Touch shortlist reveals which Indian venture investors have generated exits, with multiple public listings and a pending IPO. Publicly listed portfolio companies signal a maturing exit market.
Full story: https://getfinancebrief.com/story/finance-et-startup-awards-2026-midas-touch-exits

### $27M Seed: How Pramaana Labs' 'Never Wrong' AI Landed Khosla Ventures
2026-06-18 11:49:04 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2

With a $27M seed round co-led by Khosla Ventures, Accel, and other top VCs, Pramaana Labs is carving out a new category—AI formal verification—that addresses the trust crisis in enterprise AI by mathematically proving every answer.
Full story: https://getstartupbrief.com/story/pramaana-labs-seed-khosla-ventures-startup

### RegTech Startup Pramaana Raises $27M to Deliver Proof-Based Compliance
2026-06-18 11:48:55 · Sector: legal · Sentiment: Positive · Impact: 7/10 · Sources: 2

Pramaana Labs' $27M seed round fuels a formal verification AI that converts regulations into machine-checkable proofs, promising zero confident errors for tax, clinical, and compliance domains—a potential paradigm shift for legal tech.
Full story: https://getlegalbrief.com/story/pramaana-labs-27m-seed-legal-regtech

### Pramaana Labs' $27M Bet on Formal Verification Over Generative AI
2026-06-18 11:48:45 · Sector: ai · Sentiment: Positive · Impact: 7/10 · Sources: 2

Pramaana Labs raised $27M to scale an AI that uses formal verification and proof engines—not probabilistic language models—to deliver answers with mathematical certainty, targeting domains where errors are unacceptable.
Full story: https://getaibrief.com/story/pramaana-formal-verification-ai-27m-seed

### Scapia Eyes $60M Round as General Catalyst Expands India Fintech Footprint
2026-03-16 07:43:05 · Sector: startups · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bengaluru-based travel fintech Scapia is in early-stage negotiations to raise $50-60 million in a round led by General Catalyst. The capital infusion aims to scale the startup's co-branded credit card and international travel booking operations following a period of significant revenue growth.
Full story: https://getstartupbrief.com/story/scapia-general-catalyst-funding-talks

### Scapia in Talks for $60M Round Led by General Catalyst to Scale Travel Fintech
2026-03-16 07:42:01 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bengaluru-based travel fintech Scapia is negotiating a $50-60 million funding round led by General Catalyst to expand its co-branded credit card and travel booking ecosystem. The deal follows General Catalyst's $5 billion commitment to the Indian market and Scapia's 70% revenue growth in FY25.
Full story: https://getfinancebrief.com/story/scapia-general-catalyst-funding-round-travel-fintech

### Scapia Eyes $60M Round as General Catalyst Signals Aggressive India Expansion
2026-03-16 07:41:27 · Sector: retail · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Bengaluru-based travel fintech Scapia is in early-stage negotiations to secure $50-60 million in a new funding round led by General Catalyst. The capital injection aims to scale Scapia’s co-branded credit card and international travel booking services following a 70% revenue surge in FY25.
Full story: https://getretailbrief.com/story/scapia-general-catalyst-funding-travel-fintech

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